1) The housing news clearly showed massive dollar weakness, however when drawing your line in the sand, u placed it at the close of the news candle, where as most of the other times you place it on the wicks? This is where i placed my line & therefore had to wait much longer for an entry, which should you use when?
1 thing which works well in fast moving markets is the 3 bar rule - which worked a treat on this trade, do you know what i mean by that?
Very nice video. Click on my nick to see may free forex courses.
smartforextrader 3 years ago
Walking the Band... great! ;)
RomanusIV 4 years ago
Great news trade Curt - couple of queries:
1) The housing news clearly showed massive dollar weakness, however when drawing your line in the sand, u placed it at the close of the news candle, where as most of the other times you place it on the wicks? This is where i placed my line & therefore had to wait much longer for an entry, which should you use when?
1 thing which works well in fast moving markets is the 3 bar rule - which worked a treat on this trade, do you know what i mean by that?
welshguy2000 4 years ago
great, strong trade.
leepakim 4 years ago